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  7. FIRST STATE BANK
๐Ÿ‘ค
Property Owner3 Active

FIRST STATE BANK

RYAN MORRIS 801 EAST CALIFORNIA STREET, GAINESVILLE, TX 75240
9
Total Projects
$20.0M
Portfolio Value
3
Active Now
โ€”
Total Sq Ft
6
Cities
$2.2M
Avg Value

About FIRST STATE BANK

FIRST STATE BANK is a significant property owner and developer across Dallas-Fort Worth, Beaumont-Port Arthur, Cooke County, Navarro County with a comprehensive real estate portfolio of 9 construction projects valued at $20.0M. The development portfolio includes both new construction and renovations, with 4 new construction projects and 5 renovation projects representing โ€” square feet of developed space.

๐Ÿ“ŠWork Items

  • 4 new construction projects (44%)
  • 5 renovation projects (56%)
  • Average project value: $2.2M
  • Total square footage: โ€” sq ft

๐Ÿ™๏ธMarket Presence

  • Denton3 projects
  • Gainesville2 projects
  • Valley View1 projects
  • Corsicana1 projects

With 3 active projects currently under development and 6 completed projects, FIRST STATE BANK maintains a strong presence across 6 cities, working with leading architecture and design firms including ROGERS-FORD LC, GLENN HOOPER, EIKON CONSULTING GROUP. The development portfolio is concentrated in Gainesville, Orange, Ennis, establishing FIRST STATE BANK as a key player in Texas commercial and residential real estate development.

Market Position

#1
of 0+ Texas property owners
by project volume
Top markets
DentonGainesvilleValley View

Activity Over Time

2011
1
2015
1
2017
5
2018
2
Median project: $976KPeak year: 2017 (5 projects)
๐ŸŒŸ Featured Project๐Ÿ—๏ธ New

FIRST STATE BANK GAINESVILLE - PHASE II

1818 N. INTERSTATE 35, Gainesville, TX 76240
$14.0M sqft
๐Ÿ“…

Activity Timeline

First Project
Jan 2011
Latest Project
Jun 2018
3
Active
6
Completed
๐Ÿ“

Project Locations

Denton
3
Gainesville
2
Valley View
1
Corsicana
1
Orange
1
Ennis
1
Counties
Cooke3Navarro1Denton3Orange1Ellis1
๐Ÿ›๏ธ

Design Partners

6 architecture firms

1
ROGERS-FORD LC
2 projectsยท$200K
๐Ÿ”ง 2 renoavg $100K
Denton
Latest:FIRST STATE BANK PARKING LOT(Oct 2017)
2
GLENN HOOPER
1 projectsยท$150Kยท1 active
๐Ÿ”ง 1 renoavg $150K
Valley View
Latest:FIRST STATE BANK RENOVATION(Jun 2018)
3
EIKON CONSULTING GROUP
1 projectsยท$150Kยท1 active
๐Ÿ”ง 1 renoavg $150K
Gainesville
Latest:FARM BUREAU OFFICE ADDITIONS(Apr 2018)
4
ROGERS-FORD L.C.
1 projectsยท$14.0M
๐Ÿ—๏ธ 1 newavg $14.0M
Gainesville
Latest:FIRST STATE BANK GAINESVILLE - PHASE II(Aug 2017)
5
LSARCHITECTURE LLC
1 projectsยท$1.7Mยท1 active
๐Ÿ—๏ธ 1 newavg $1.7M
Orange
Latest:FIRST STATE BANK - ORANGE(Mar 2017)
6
OGLESBY GREENE
1 projectsยท$1.6M
๐Ÿ”ง 1 renoavg $1.6M
Ennis
Latest:FIRST STATE BANK - PHASE 2(Oct 2015)
7 total design firms worked with$19.1M combined
๐Ÿ“Š

Project Status

๐ŸClosed
6(67%)
โœ…Inspection Complete
2(22%)
๐Ÿ“‹Registered
1(11%)

All Projects

9 total ยท Sorted by date
๐Ÿ“‹Registered$150K

FIRST STATE BANK RENOVATION

101 S INTERSTATE 35 EAST, Valley View, TX 76272
Jun 14, 2018๐Ÿ”ง
GLENN HOOPER
โœ…Inspection Complete$150K

FARM BUREAU OFFICE ADDITIONS

1601 FLORAL DRIVE, Gainesville, TX 76240
Apr 24, 2018๐Ÿ”ง
EIKON CONSULTING GROUP
๐ŸClosed$976K

FIRST STATE BANK-CORSICANA

1600 W. 2ND AVE, Corsicana, TX 75110
Dec 6, 2017๐Ÿ—๏ธ
๐ŸClosed$150K

FIRST STATE BANK PARKING LOT

400 W OAK STREET, Denton, TX 76201
Oct 16, 2017๐Ÿ”ง
ROGERS-FORD LC
๐ŸClosed$50K

JONES AND WESTROM 3RD FLOOR SUITE RENO.

400 W OAK STREET Suite 300, Denton, TX 76201
Oct 9, 2017๐Ÿ”ง
ROGERS-FORD LC
โœ…Inspection Complete$1.7M

FIRST STATE BANK - ORANGE

4039 I-10 EAST, Orange, TX 77630
Mar 29, 2017๐Ÿ—๏ธ
LSARCHITECTURE LLC
๐ŸClosed$1.6M

FIRST STATE BANK - PHASE 2

909 S. CLAY STREET, Ennis, TX 75119
Oct 5, 2015๐Ÿ”ง
OGLESBY GREENE
๐ŸClosed$1.2M

NEW FACILITY FOR FIRST STATE BANK

3190 TEASLEY LANE, Denton, TX 76210
Jan 4, 2011๐Ÿ—๏ธ
HAHNFELD HOFFER STANFORD
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